Posted by supersaiyan3 > 2017-04-21 13:56 | Report Abuse

Before you start all these hypothesis testing and murderer catching, one must understand how the world works, or in this limited space, how the financial market works.

In the world of Sherlock Holmes, it is absolute accuracy whereas in financial world, one need not to be very accurate.

Knowledge!!!! Conan often lay down the framework of the story for Sherlock to solve, how is the road system works, what are the characteristics of a retired patriot....

In financial world, one must understand the basics and reality in order to win. It is often without that guidance, makes smart people turns in a profit after 20 years.

For example, ROE of 8% is ok, 16% is wonderful, less than that is rubbish. PE of 8-12 is ok, 5 is wonderful (holding everything else constant). Market of 2% is suicide, 20% is ok, 40% is wonderful. Long term 20% / annum return on stock is ok, 25% is wonderful.....sort of thing.

I mean too often people say "got project is good", "restructure is good", "change name is good".....all that is saying "its not bad!" only.

Posted by stockmanmy > 2017-04-21 15:08 | Report Abuse

the Sherlock Holmes Way...

if the market wants risk assets, give them risk assets or none.

meaning go buy Vitrox, MYEG, DNEX, GDEX, meaning the higher the scarier the better.

Posted by stockmanmy > 2017-04-21 15:39 | Report Abuse

you all don't know the shelock holmes way only ......

the shelock holmes way not scared to go where clues lead him.......

the Sherlock Holmes Way...

if the market wants risk assets, give them risk assets or none.

meaning go buy Vitrox, MYEG, DNEX, GDEX, meaning the higher the scarier the better.

what say you?

Posted by stockmanmy > 2017-04-22 15:18 | Report Abuse

But seriously, both Sheloch Holmes way and B Graham Way were invented when Newtonian physics rule the world...when things were deterministic when there is no uncertainty principles.

But we now know that is not how the world works, not how the stockmarket works.

The stockmarket works on Quantum physics, not Newtonian physics.

that God do play dice with the world.

Posted by Icon8888 > 2017-04-22 17:45 | Report Abuse

You are still new to the market so you talk like a hero

In bill market everybody is hero

One day when the bear comes you will know what it is like

Posted by stockmanmy > 2017-04-22 18:02 | Report Abuse

icon

One day bears and deaths will come.

some live their whole lives preparing for bears and deaths.

The Dynamic Way is to make as much money as possible while alive.

I like this quote :

What seems too high and risky to the majority generally goes higher...of course it applies only to good companies.....your job, my job, our job is to identify which are good companies, lousy companies, tested companies, untested companies.

Vitrox, MYEG, DNEX, GDEX,..are good companies

A lot of the companies in Ace are untested companies ...eg Salutica ...don't simply jump into them even if they carry promising labels.

Posted by stockmanmy > 2017-04-22 18:15 | Report Abuse

icon...remember value investors in i3 buy Shell Petron and Cycle and carriage Bintang last year after the companies released record results..... I told them, warned them not to put so much confidence on fnancial results. You know what happened? Bintang just released 97% drop in profits.

Dynamic way better or value investor way better?

Posted by PlsGiveBonus > 2017-04-22 18:15 | Report Abuse

Any good company will definite make a good investing decision?
It may be happen in ideal world
In the real world, good company will not survive if it is obsoleted by the market.
Investing in new ideas, something that can change this world, may resulting in a much profitable investment.

Posted by stockmanmy > 2017-04-22 18:27 | Report Abuse

The shares of any good company in the small and medium cap category would have gone up in recent months....and will continue to go up until the environment changes .

And if there they cannot go up this environment, even Shelock Holmes cannot help you.

==================================
Any good company will definite make a good investing decision?

Posted by stockmanmy > 2017-04-22 20:51 | Report Abuse

icon


and what happens if they continue to pour vast sums of money in tech stocks, innovations, new ideas while ignoring large caps, banks, traditional index stocks?

then how?

read page 42 of this week Edge.

Posted by stockmanmy > 2017-04-22 22:26 | Report Abuse

investors the world over are hungry for growth, and willing to pay a premium

They call them the disruptors.

software innovations
hardware innovations
e commerce
big data and AI


icon...your job as the job of all value investor is to evolve and join them as you cannot beat them.